Alaska Administrative Code
Title 7 - Health and Social Services
Part 3 - Public Assistance and Medical Assistance
Chapter 47 - General Relief
Article 5 - Alaska Senior Assistance Program
7 AAC 47.815 - Resource limits

Universal Citation: 7 AK Admin Code 47.815

Current through August 30, 2024

(a) An individual is eligible for assistance under 7 AAC 47.800 - 7 AAC 47.890 if the individual has total resources at the time of application that do not exceed the following amounts:

(1) for an individual, $4,000;

(2) for an individual and spouse who are living together, $6,000.

(b) In determining resources under this section, the department will count only resources that are considered

(1) liquid resources as defined under 20 C.F.R. 416.1201(b), as revised as of April 1, 2002 and adopted by reference; and

(2) legally available to the individual to meet the individual's basic needs.

(c) In determining resources under this section, the department will not count up to $1,500 of money set aside for the burial of an eligible individual and up to $1,500 of money set aside for the burial of the eligible individual's spouse.

Authority:AS 47.05.010

AS 47.25.120

AS 47.25.130

AS 47.25.140

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.